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European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals
News

European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals

May 13, 2022

The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy

Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million
News

Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million

May 12, 2022

Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
News

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

April 23, 2022

Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted

Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa
News

Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa

April 14, 2022

Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries.

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
News

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

April 13, 2022

The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank

Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
News

Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider

March 28, 2022

An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class.

Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned Russia
News

Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned Russia

March 20, 2022

A call to make the digital ruble a reserve currency has been issued in the State Duma, the lower house of Russia’s parliament. Meanwhile, concerns

Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’
News

Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

February 12, 2022

The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain

Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report
News

Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report

February 6, 2022

The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents

New Payment System Seeking to Bolster Intra-African Trade Goes Live
News

New Payment System Seeking to Bolster Intra-African Trade Goes Live

January 22, 2022

A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding

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